Bitfinex(@bitfinex):$BTC is up over 20% in a week, and the funding rate has already cooled off. A leverage-built rally generally keeps funding high and pins it there. This one spiked once on the breakout, then fell back to baseline fast. That is a sign of real buying rather than crowded longs.

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Bitfinex@bitfinex

2026.08.22 21:05

$BTC is up over 20% in a week, and the funding rate has already cooled off. A leverage-built rally generally keeps funding high and pins it there. This one spiked once on the breakout, then fell back to baseline fast. That is a sign of real buying rather than crowded longs.